Financial Crime Manager
About the job
- A bachelor's degree in business, finance, or a related field.
- At least 7 years of experience in financial crime technology, anti-money laundering systems, or risk technology management.
- Hands-on experience with transaction monitoring, sanctions screening, and fraud detection platforms.
- Strong knowledge of anti-money laundering, counter-terrorist financing, sanctions, and fraud regulations in the financial services industry.
- Experience in system implementation, upgrades, and vendor management.
- Strong project management and problem-solving skills.
- Ability to work under pressure and manage multiple priorities.
- Support the implementation of ACE’s Anti-Money Laundering and other financial crime-related regulations and policies.
- Maintain the integrity of management information used across the company to mitigate financial crime risks in all products and locations.
- Assess product-related financial crime risks and assist in developing strategies to manage those risks effectively.
- Disseminate policies and procedures related to financial crime compliance activities to relevant departments.
- Stay abreast of emerging trends, techniques, and regulatory changes in financial crime and proactively adapt strategies to address new challenges.
- Prepare and present regular reports to the MLRO on financial crime risks, incidents, and mitigation efforts.
- Assist the MLRO in submitting Suspicious Activity Reports to the National Crime Agency and other local Financial Intelligence Units.
- Ensure that financial crime-related matters are properly addressed in new partnerships and agreements.
- Maintain up-to-date knowledge of relevant financial crime laws, regulations, and contract requirements to ensure continuous compliance.
- Monitor the development of regulatory policies and enforcement strategies regarding the firm’s operations across all jurisdictions where ACE operates, and advise the MLRO on emerging financial crime risks.
- Ensure that appropriate software and technology are in place to support effective oversight and monitoring of financial crime risk areas.
- Direct internal investigations into compliance issues related to financial crime, ensuring swift resolution.
- Assist internal or external auditors with financial crime-related reviews and audits, providing the necessary information and access.
- Work closely with other departments to ensure the business operates in compliance with relevant financial crime regulations.
About the company
ACE Money Transfer is a UK-based fintech that helps people send money internationally. Users can transfer to over 100 countries via its website or mobile app, funding transfers with debit/credit cards, Google Pay, or Apple Pay, and recipients can receive funds by bank deposit, cash pickup at over 375,000 locations, or mobile wallets. It earns revenue from transfer fees and currency exchange margins and evolved from physical branches and fax workflows to a fully online service after the COVID-19 pandemic, with oversight from the FCA and regulators in Australia and Canada. Its goal is to provide reliable, accessible remittance services with clear fees and multiple payout options that connect migrants to their communities.
Company Size
201-500
Company Stage
N/A
Total Funding
N/A
Headquarters
Warrington, United Kingdom
Founded
2002
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Simplify's Take
What believers are saying
- Ireland became profitable within six months, proving fast international expansion execution.
- Payfuture partnership in June 2026 expands payout reliability across Africa, Asia, and Middle East.
- PNB partnership and Askari Bank deal deepen Pakistan coverage for core expatriate corridors.
What critics are saying
- Remittance margins stay thin; corridor fee pressure from Wise and Remitly compresses growth.
- Director Tariq Mehmood exited June 22, 2026, signaling possible governance churn.
- Visa dependency on card funding creates platform risk if AFT economics deteriorate.
What makes ACE Money Transfer unique
- FCA, Central Bank of Ireland, KNF, FINTRAC, and AUSTRAC oversight builds trust.
- ACE serves 1.3 million customers across UK, Europe, Australia, and Canada.
- Visa AFT collaboration in July 2026 strengthens card-funded transfer infrastructure.
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Benefits
Remote Work Options
Company News
ACE Money Transfer introduces new app enhancements for faster and simpler transfers. * Follow Us Updated mobile experience is designed to make sending money easier, faster, and more convenient for customers. Manchester, United Kingdom - ACE Money Transfer has introduced a series of enhancements to its mobile app, making it easier for customers to send money internationally through a faster, simpler, and more intuitive experience. The latest update introduces enhancements across the customer journey, designed to make money transfers more convenient, intuitive, and transparent while improving the overall user experience. The enhancements are part of ACE Money Transfer's ongoing efforts to deliver a digital remittance service that is simple, reliable, and easy to use. Among the key enhancements: the transfer process now moves through a clearer, structured flow, with live updates to fees and exchange rates shown upfront so customers can see the full payment amount before they commit. Adding a new receiver has also been simplified into a more intuitive, step-by-step process. The app now displays active promotions and offers more prominently, and customers can track their transfer status in real time, including during manual review so they always know exactly where their money is. The identity verification process has also been streamlined, giving customers clearer visibility and control over any outstanding steps. As digital financial services continue to evolve, customer expectations around speed, convenience, and transparency are also changing. ACE Money Transfer continues to invest in its digital platform to ensure customers benefit from a smooth and dependable money transfer experience. Commenting on the update, Qamar Adnan, Chief Product Officer at ACE Money Transfer, said: "Customers want speed, clarity, and confidence when sending money internationally. These enhancements are designed to make every transfer simpler and more convenient, giving customers a better experience from the moment they open the app until their money reaches their loved ones." The latest enhancements reflect ACE Money Transfer's continued commitment to improving its digital services and delivering a customer-first remittance experience across its international markets.
Payfuture and ACE Money Transfer strengthen cross-border payment services through strategic partnership. * Payments * 09.06.2026 09:47 am Payfuture, the global payments company building financial infrastructure in emerging markets, today announced a strategic partnership with ACE Money Transfer, one of the UK's most established remittance providers, serving more than 1.3 million customers across UK, Europe, Australia, and Canada. As part of its ongoing efforts to support leading remittance providers in delivering seamless cross-border payment experiences, Payfuture has partnered with ACE Money Transfer to enhance payout services across key remittance markets. The collaboration reflects a shared commitment to improving service reliability, operational efficiency, and the overall customer experience. The partnership supports ACE Money Transfer's growing customer base, many of whom rely on remittance services to support family members and loved ones abroad. As demand for fast, reliable, and convenient international money transfers continues to increase, strategic collaborations between payment providers and remittance companies play an important role in delivering a consistent and trusted customer experience. For ACE Money Transfer customers who regularly send money to support family members and loved ones abroad, reliability and efficiency are essential. Through this partnership, Payfuture is supporting ACE Money Transfer in enhancing its payout capabilities and delivering a more seamless and dependable experience for customers across key remittance markets. Through its partnership with ACE Money Transfer, Payfuture is helping support enhanced payout capabilities, contributing to improved service reliability, operational efficiency, and a seamless experience for both senders and recipients. Sid Gautam, Chief Revenue Officer at Payfuture, said: "We're delighted to be partnering with ACE Money Transfer, a business that shares our commitment to making cross-border payments faster and more reliable. Together, we're helping ACE deliver a better experience for their customers sending money home, with the speed and consistency that matters most to them." Hasan Mubarak, Group Unit Head - Corporate Relationship & Business Development at ACE Money Transfer, said: "At ACE Money Transfer, we are committed to continuously enhancing the experience we provide to our customers. Our partnership with Payfuture reflects that commitment, helping us strengthen our service offering and deliver a more reliable, efficient, and seamless remittance experience. We look forward to working together to support the evolving needs of customers and further improve the way people send money across borders." The partnership reflects the growing demand for reliable, efficient, and customer focused cross-border payment solutions. As customer expectations continue to evolve, collaboration between payment providers and remittance companies plays an increasingly important role in delivering seamless payment experiences. Through partnerships with established remittance providers such as ACE Money Transfer, Payfuture continues to support the delivery of dependable payment services while helping enhance customer experience across global remittance markets
ACE Money Transfer has announced that its Irish operations reached profitability within six months of launch, marking a significant milestone in the company's European expansion strategy. The Dublin-based division, authorised by the Central Bank of Ireland, has seen strong customer adoption of its cross-border payment services across major European remittance corridors. Ireland serves as the company's strategic, regulatory and operational hub for Europe. The rapid profitability validates ACE's product-market fit and the scalability of its European model, according to CEO Arslan Naeem. The company attributes success to regulatory readiness, competitive pricing and focus on customer experience. ACE Money Transfer plans to expand further across European corridors, powered by sustained market demand and broader adoption of digital remittance services.
ACE Money Transfer partners with Askari Bank to expand digital remittance channels in Pakistan. ACE Money Transfer, a leading global remittance service provider, has entered into a strategic partnership with Askari Bank to strengthen and expand legal and digital remittance channels in Pakistan. The collaboration was formalized during a signing ceremony in Islamabad, attended by senior representatives from both organizations, highlighting a shared commitment to enhancing remittance accessibility and security for customers across the country. The partnership aims to improve payout coverage for overseas Pakistanis residing in key markets including the UK, Europe, Australia, Canada, and other major corridors. Beneficiaries will now have access to more convenient and reliable remittance services through Askari Bank's extensive nationwide network, enabling seamless transfers via formal banking channels. Through this initiative, ACE Money Transfer continues to expand its trusted network of payout partners, ensuring greater flexibility and accessibility for recipients across Pakistan. The move also supports the broader agenda of promoting regulated remittance flows, contributing to a digitally enabled financial ecosystem and fostering transparency and accountability in cross-border financial transactions. Speaking at the ceremony, Hasan Mubarak, Group Unit Head at ACE Money Transfer, emphasized the company's focus on strengthening its global payout infrastructure to better serve overseas Pakistanis and their families. He highlighted that the collaboration with Askari Bank reflects a mutual commitment to delivering reliable and accessible remittance solutions, while encouraging the use of formal financial channels for economic stability. Muzammil Hanif, Head of Home Remittance and RDA at Askari Bank, underscored the bank's strategic focus on secure, efficient, and future-ready remittance solutions. He stated that the partnership enhances Askari Bank's home remittance capabilities and deepens engagement with overseas Pakistanis, ensuring that funds reach beneficiaries through transparent and regulated banking systems. This initiative is aligned with the bank's broader commitment to digital financial services and financial inclusion. The collaboration is expected to provide several advantages, including improved transaction speed, greater reliability, and enhanced digital access for customers. It also aligns with Pakistan's ongoing efforts to increase adoption of formal financial channels and strengthen the country's remittance infrastructure, which remains a critical source of economic resilience and household income support. This partnership highlights the growing importance of innovative, compliant, and customer-centric approaches in the remittance sector. By integrating technology-driven solutions with a strong regulatory focus, ACE Money Transfer and Askari Bank aim to set a benchmark for secure and efficient cross-border financial services in Pakistan. As digital financial services continue to expand, the collaboration reinforces the role of formal banking networks in delivering inclusive and accessible remittance solutions. The initiative not only strengthens operational capabilities but also contributes to economic stability by promoting transparency, efficiency, and trust in Pakistan's financial ecosystem.